Eurogroup Chief ‘Tainted’ by Dutch Rescue Plans, Frieden Says

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Dutch Finance Minister Jeroen Dijsselbloem, who took over as head of the group of euro-area finance chiefs this year, is “tainted” by debates over bank rescues in his home country, Luxembourg’s Luc Frieden said.

After succeeding Luxembourg Prime Minister Jean-Claude Juncker in the Eurogroup post in January, Dijsselbloem led an all-night meeting of the ministers on March 15-16 that agreed unanimously to tax Cypriot bank deposits as part of a bailout package for the country. That deal was rejected yesterday by the nation’s parliament in Nicosia.